Shareholder Return Policy
Our basic policy is to enhance our corporate value by balancing (1) the securing of our retained earnings, which are necessary to ensure financial security in order for us to be able to respond to future changes in the economic environment and to maintain our growth strategy and (2) appropriate distributions of profits to shareholders with consideration paid to our cost of capital.
- Note:
Total payout ratio = (dividends + stock repurchases) / (group adjusted profit)
Dividend History and Forecast
| Interim Dividend (per Share) |
Year-end Dividend (per Share) |
Annual Dividends (per Share) |
|
|---|---|---|---|
| Fiscal Year Ending March 31, 2025 |
61yen | 72yen (forecast) |
133yen (forecast) |
| Fiscal Year Ended March 31, 2024 |
- | 113yen | 113yen |
| Fiscal Year Ended March 31, 2023 |
- | 86yen | 86yen |
| Fiscal Year Ended March 31, 2022 |
- | 83yen | 83yen |
| Fiscal Year Ended March 31, 2021 |
- | 62yen | 62yen |
- Note:
The Company conducted a 4-for-1 stock split on April 1, 2025. The year-end dividends for the fiscal years ended March 31, 2021 through March 31, 2024 and the interim dividends for the fiscal year ending March 31, 2025 are the actual dividend amounts before the stock split. The year-end dividend (forecast) for the fiscal year ended March 31, 2025, with a record date of March 31, 2025, will be based on the number of shares before the stock split.